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Muthoot Capital Services Ltd. (MCSL) is a public limited Non Banking Financial Company registered with the Reserve Bank of India and listed on the Bombay Stock Exchange. The company was established in February 1994 in Kerala, MCSL offers capital market solutions that include Leasing & Hire Purchase, Vehicle Loans and Bonds & Deposits among others, with cost-effective value-added services for the benefit of they customers. To augment its fund base, MCSL came out with a public issue in February 1995. The issue was oversubscribed by 8.5 times - at a time when the Indian Capital Market was sluggish. Almost the entire subscription was received from the State of Kerala.
MSCL has also diversified into fund and non-fund based activities laying equal emphasis on the corporate and non-corporate sectors of Kerala. Promoted by the Muthoot Pappachan Group, MCSL has today emerged as one of the leading financial institutions in the capital market operations, with its foundations dating back to the year 1939, with a stronghold in the banking and finance sector especially in the rural and semi-urban areas in South India.
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